Richard Baker & Hudson s Bay Company — Saks Fifth Avenue
3 shared events · Importance 3 · Last updated Jan 15, 2026
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Richard Baker is the Executive Chairman of Saks Global, which includes Saks Fifth Avenue. He also serves as Governor, Executive Chairman, and CEO of Hudson's Bay Company, the parent entity that acquired Saks Fifth Avenue in 2013.
Business
Richard Baker: Richard Baker has taken over as CEO of VFS Global, succeeding Marc Metrick, and is tasked with navigating the company through its financial challenges and potential bankruptcy.
Hudson s Bay Company — Saks Fifth Avenue: Hudson s Bay Company — Saks Fifth Avenue is a luxury department store chain owned by VFS Global, which is reportedly preparing for bankruptcy. Its sales have declined, contributing to the parent company's financial woes.
Jan 02, 2026 · 6 articles
Business
Richard Baker: Richard Baker stepped down as CEO of VFS Global just before the bankruptcy filing, having overseen the merger that contributed to the company's debt issues.
Jan 14, 2026 · 7 articles
Business
Richard Baker: Richard Baker assumed control of VFS Global after Marc Metrick stepped down, and was then replaced by Geoffroy van Raemdonck this week.
Jan 14, 2026 · 6 articles
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